View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
July 22, 2014

Cloud absolutely ‘critical to business strategy’ for SMBs

Survey says early adopters are already reaping the monetary rewards.

By Ben Sullivan

Cloud technology will be critical to SMBs within the next two years. That is the finding of a fresh-off-the-press survey by Oxford Economics that collected data from 350 senior IT pros in 2014.

The survey was sponsored by cloud communication upstarts Windstream, so the results should be taken with a smattering of salt, but the results do indicate the increasing reliance and business importance of cloud technology and cloud adoption for SMBs.

Over half of the respondents said that cloud will be critical to their business innovation strategy within two years, with 57% saying cloud will enable their company to expand into new geographic regions.

Two-thirds of the IT pros who underwent examination said that cloud will support their innovation and customer service within two years, with 88% of the larger companies saying that cloud will drive business unit collaboration.

However, as always, there were some security issues. 76% of pollsters said that security was the main concern when regarding migrating to the cloud. Not surprisingly, healthcare firms were the most concerned about security and privacy.

Edward Cone, managing editor and senior analyst for thought leadership at Oxford Economics, said: "The survey findings illustrate a compelling snapshot of the cloud environment today. The conclusions drawn in this report provide vital information to anyone interested in cloud computing."

Content from our partners
Scan and deliver
GenAI cybersecurity: "A super-human analyst, with a brain the size of a planet."
Cloud, AI, and cyber security – highlights from DTX Manchester

The survey data has been interactively visualised in this Path to Value infographic.

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU